The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-07-13
DRY Goods.
INDIANAPOLIS MARKETS.
With Cheering Crop Prospects tho Condition
of Trade Healthy.

with Cheering Crop Prospects the Condition
of Trade Healthy.
INDIANAPoLIs July IL.
With cheering crop prospects, condition Of
trade that is thoroughly healthy and conserva-
tive, with abundant opportunities for the profit
able employment Of labor, and the evenly bal
anced relations of sapply and demand, the
outlook for q big fall trade is encouraging as it
could well be- In prices to-day there were but
few changes. The provision market is in
stronger position. but our revised quotations Of
yesterday will cover the market. All there is
doing is in jobbing way. The dry goods men
are through their semi-annual invoicing and
feel good over the results Of the business OF the
first six months OF 1887, and sanguine that the
last half of the year will show even better re-
suits. The wool market maintains its
strong tone and there is possibility
that some money will be made by West
ern dealers on the high prices, which they
paid. The Boston Journal says: Twill manu-
manufacturers pay the advanced is a question
much ag1taled just now. They certainly show
no disposition AZ the present time to do so. Still
last year before the boom was on here q like
disposition was manifest, and there was univer-
sal grum bling against the then projected ad-
vance, But when higher prices were reached
UuyoIc WcIO opiSO0 W poy suoAus ouu tudt kOVuS
were sold at profit is seen by the dividends de-
clared by our different corporations. We still
think that the speculation il the West has been
and is wholly unwarranted. and that the
fullest expectations OF Spectators will not
be realized Yet there is some strength
in the situation, brought about by the fmness
abroad, that will sustain the msrket here, and
perhaps in time bring it into position where
profit can be made on prices in the Interior or at
least where the majority of the spectators
would come out whole. But We shall see quiet
and unsatisfactory trade for some weeks to
come. Our dealers here expect 1t, but look for
ward to more activity in August and Septe u Der.
The Western markets have all been very quiet.
In some cases slightly lower prices have been
acceptable to holders because the scarcity
of money has forced them to realize. In the ma
jority of instances, however, the wool 10 in
strong hands. who are disposed to hold firmly
to present asking prices or else consign their
wool later on. From foreign sources advices
arc of about the same strong tenor"
qrocers report trade as very active, tho de-
mand for sugars is large, and coffees are moving
out more briskly. There is large inquiry for
canned goods, and prices are strong. In other
articles there is strong steady tone. Produce
men are experiencing quiet times, eRgs and
poultry are In light demand and prices Cropping.
Apples and small fruits are arriving literally,
and on most descriptions lower range Of prices
is indicated. Everything in the vegetable Inns
is plenty and selling at reasonable prices
Lemons are selling WELL and Arm our quota
tions. Bananas abundart ard cheap. Water
melons sell slow put unusually low for 30 early
in the season.
GRAIN
The tameness which nsooded over the wheat
market on Monday was still felt to-day. On
Change. bidding Was maie with more caution.
and prices were shade easier. Recsipts
continue large. The corn market
was steadier in tone than on Monday. with
fair demand and but few sellers Oats in light
supply. and ruling higher. Track bids to-day
were as follows: